Total assets under management of NPS & APY crosses Rs. 5 lakh crore: PFRDA Chairman
- Pension Fund Regulatory and Development Authority Chairman Supratim Bandyopadhyay on 15 Oct said, the total assets under management of the National Pension System and Atal Pension Yojana have crossed Rs. 5 lakh crore.
- Mr Bandyopadhyay said that by the end of this fiscal PFRDA hopes to hit a target of Rs. 6 lakh crore Asset Under Management (AUM).
- He said, achieving Rs. 5 lakh crore AUM is a major achievement which reflects the faith subscribers have in PFRDA and NPS.